<blockquote>'Wolfgang Schaeuble, speaking hours before meeting with his counterparts from the G-20 developed and emerging markets, also said that the space for monetary policy has been exhausted. He warned that using debt to fund growth just leads to "zombifying" economies.
..
The German finance minister said that the slide in oil prices has already offered a "huge" stimulus for demand. He also said that expansive fiscal policies could lay the groundwork for a future crisis.'
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Germany Opposes Any G-20 Fiscal Stimulus; Focuses on Reform, February 26, 2016</blockquote>
<blockquote>'Germany ran up a record surplus in its finances last year, the National Statistics Office (Destatis) reported Tuesday. It said the country notched up an overall surplus of 19.4 billion euros ($21 billion) in 2015.
The figure marks the highest level in absolute terms since German unification in 1990. Measured against gross domestic product (GDP), the surplus amounted to 0.6 percent of overall output.'
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Germany secures record budget surplus, February 23, 2016</blockquote>
Context<blockquote>
'Germany achieved a budget surplus of 21.1 billion euros .. in the first half of 2015..''..Germany will reach budget balance in 2015..' - 'In 2009, learning from the Swiss, Germany introduced its own balanced budget amendment..''..the Great Depression .. was caused – like our crisis today – by too much debt.'</blockquote>